XAUUSD:27/9 Today’s Trading Strategy

Wednesday: During the international prime Asian trading session, also boosted by the rebound from bottoming out overnight and the decline of the U.S. stock market, the decline stopped within a narrow range, but the fluctuations were limited, and there is still a risk of a short-term decline. Yesterday, gold once fell below 1900, the first low since August 23, and finally closed down 0.78% at 1900.74. After gold continued to decline in the previous trading day, it is currently temporarily supported at the 1900 mark. This is also the position where it was supported and rebounded in the last round of decline, but this time it will not be so lucky to rebound. After the market price touches this line, there is almost no rebound trend, but it continues to fluctuate around this line. It seems that the bulls have given up resistance, so it is only a matter of time before this position is broken. The correction pattern after a decline is nothing more than two situations, either a rebound correction or a sideways correction. After 1947 fell below 1915, there was a rebound from 1915 to 1930. This rebound is a rebound correction. Yesterday's shock around 1917 was a low-level sideways correction. Today's market is similar to yesterday's situation, which is also a low-level shock and sideways correction. After the sideways correction is completed, it will continue to move. fall. Yesterday was almost a unilateral decline. Gold rebounded weakly in the second half of the night. The highest in the early morning could only be around 1903.6, which shows that the market is extremely weak. In the short term today, it will continue to decline further. The next step may be to test the 1890 mark, so today's The operation is to follow the trend!

SELL:1905-1908
SL:1912
TP:1901
TP2:1896

BUY:1887-1890
SL:1883
TP1:1895
TP2:1900